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Fossil Fuel Subsidies

Have you ever wondered what government benefits the fossil fuel industry enjoys? Here is a comprehensive breakdown: Fossil Fuel Subsidies.

Spread the Word

Klassy Evans and Adam Khan, editors of this web site and authors of the book Fill Your Tank With Freedom, would love to talk to your group about fuel competition. Print out this PDF document to bring to your group's program director: Saving Lady Liberty. It prints best if you download the file to your computer and then print it.

Friday, November 1, 2013

The Open Fuel Standard bill creates a free market instead of what we
have now: Oil’s virtual monopoly of transportation fuel. Oil is in the
same position AT&T was in prior to 1984: Because of the way things
are structured, oil has a monopoly. Gasoline-only cars can efficiently
burn methanol and ethanol as well as gasoline. Flex fuel technology is
inexpensive and mature. When AT&T’s monopoly was broken and
competition was introduced, the cost of long distance calls dropped in
the span of three years from $3.00 a minute to 30 cents a minute, and
now it is more like 3 cents a minute. Why? Competition. The Open Fuel
Standard would do the same for fuel — our economy’s most important
commodity.

The Open Fuel Standard bill
would also create greater national security for the United States. The threat
of Islamic fundamentalism is growing around the world because of money
from oil. OPEC nations keep raising the world price of oil and using
that money to fund Hezbollah, the OIC, the Muslim Brotherhood, the
Muslim Students Association, the Taliban, etc. — these are all funded by
OPEC oil money. Fundamentalist Wahhabis from Saudi Arabia are also using their oil profits to buy and build madrassas and mosques all over the world to spread their message of hatred of non-Muslims. The only reason
they’re making so much money is that the world is stuck on a one-fuel
standard. The economy requires transportation fuel and petroleum is the only
one most of the world uses, even though methanol and ethanol also burn
efficiently in the same engines and are half the cost per mile. The Open
Fuel Standard would change all this. Fuel prices would drop and OPEC’s
decades-long tradition of bleeding the West of its money would stop.